Tariff Man and his tariff plan cause market plunges

HDGristle's Avatar
Looks like some folks talked some sense into him. The lack of these exemptions would have been crippling to consumers and businesses

https://www.cnbc.com/2025/04/12/trum...pple-dell.html

I'll bet that Navarro wasn't in the room
bambino's Avatar
BREAKING: President Trump excludes smartphones, computers, and chips from the new tariffs.

@GeneralMCNews
bambino's Avatar
Crusty Whoopi Goldberg wants to know what the hell Trump is doing… the “Expert” says President Trump is Blackout Drunk

The “Expert” says we want to wear Nike’s, not make them.

The “Expert” says China’s slave wage labor is better than paying American’s a great salary.

The “Expert” says yes, China, makes all the toys… but that’s best so you don’t have to lose half your Christmas toys.

The “Expert” says the world rerouting their supply chains to benefit America is a bad thing.

When you really listen to what they’re saying, they truly hate America.

https://rumble.com/v6rz6ht-crusty-wh...-is-doing.html
BREAKING: President Trump excludes smartphones, computers, and chips from the new tariffs.

@GeneralMCNews Originally Posted by bambino

Great, but aren't those the items that are driving this trade deficit he is complaining about?
HDGristle's Avatar
Great, but aren't those the items that are driving this trade deficit he is complaining about? Originally Posted by zippyboy
Yes they are. Along with thongs like toys and t-shirts
Jacuzzme's Avatar
Crusty Whoopi Goldberg wants to know what the hell Trump is doing… the “Expert” says President Trump is Blackout Drunk

The “Expert” says we want to wear Nike’s, not make them.

The “Expert” says China’s slave wage labor is better than paying American’s a great salary.

The “Expert” says yes, China, makes all the toys… but that’s best so you don’t have to lose half your Christmas toys.

The “Expert” says the world rerouting their supply chains to benefit America is a bad thing.

When you really listen to what they’re saying, they truly hate America.

https://rumble.com/v6rz6ht-crusty-wh...-is-doing.html Originally Posted by bambino
Hating America is their whole shtick, always has been.
HDGristle's Avatar
https://finance.yahoo.com/news/whose...080055032.html

Even congressional Republicans are baffled by Trump's tariff plan. And right so after how it impacted many of their constituents and the markets
bambino's Avatar
Something good from the tariffs!

https://x.com/leadingreport/status/1...006701047?s=42


BAHAHAHA
HDGristle's Avatar
So did a lot of people who were planning on retiring in May

Bet that tickles you as well

In other news Lutnick just dashed some hopes which will blunt the optimism of the exemptions

Commerce Secretary Howard Lutnick says the tariff exemption on awide range of electronics, including semiconductors and smartphones, will be temporary.

Tariffs targeting specific business sectors will be imposed in the next couple months on certain products key to national security, which will be “not available for negotiation,” Lutnick said today on “ABC This Week.”

“Those products are going to be part of the semiconductor sectoral tariffs, which are coming,” the commerce secretary said, referring to the electronics covered by the exemption.

“Semiconductors and pharmaceuticals will have a tariff model in order to encourage them to reshore,” he said. “We need our medicines, and we need semiconductors and our electronics to be built in America. We can’t be beholden and rely upon foreign countries for fundamental things that we need.”

Pressed why the administration made the move to exempt certain electronics from the reciprocal tariffs, Lutnick said the exemption will be temporary.

“These are included in the semiconductor tariffs that are coming, and the pharmaceuticals are coming. Those two areas are coming in the next month or two. So, this is not like a permanent sort of exemption,” Lutnick added.

Lutnick, who earlier this week said he had not been engaging with Chinese officials directly, said he believes Trump and Chinese leader Xi Jinping “will work this out” and Trump will secure a good result for the US.
Whoopi should be deported ,! Thats one I can’t stand
HDGristle's Avatar
Well, now Trump says no exemption. Or maybe the OG 20%. Buy CBP says different, so who knows?

Dumbfuckery, ahoy
HDGristle's Avatar
Another excellent write up showing why Peter Navarro shouldn't be anywhere near tariff talks.

https://www.cbsnews.com/news/trump-t...ircle-warning/
bambino's Avatar
Milei Bends the Knee: Argentina Warms Up to Trump’s Trade Terms

Argentina’s President Milei isn’t pushing back—he’s leaning in. Faced with Trump’s tough tariffs, Milei isn’t just accepting them, he’s calling them “understandable.” Now, he’s signaling he’s all in and ready to ink a trade deal with the U.S. No resistance, no drama—just a clear pivot toward cooperation with Washington.
bambino's Avatar
HDGristle's Avatar
Trade deficit with Argentina was what? $320 million mostly related to agricultural products we like?

That's not a war that even needs to be fought.

Meanwhile the trade war bullshit blunted what could have been gains

https://www.marketwatch.com/livecove...-citi-earnings